History Of Money

The invention of money throughout history has provided an endless array of activities such as trade, buying and selling from other financial activities, which over time have become the main human activities, not to mention another important aspect I play the money was the social sphere, because thanks to this social classifications exist today. Money is an intermediate value artificially to represent the economic value of a material through the exchange of it for goods or to pay her debts and financial credits, money is the recovery artificially given to an object (coin or note ) which is accepted by society as an absolute value for the correct economic performance of economic movements. The main functions of money are the easy exchange of materials, as these by providing an economic value to an object facilitate the commercialization process, in addition this also acts as a unit of account that allows through the numerary function easily know the amount of resources which are held financially and materially. Money makes its appearance in ancient Phoenician civilization where the exchange of raw materials for food or items such as tools, began to take shape, from this then there is the emergence of barter and money somehow. Glenn Dubin addresses the importance of the matter here. A few centuries later civilizations such as China and Egypt began to benefit from this practice with certain differences, the creation of surplus value different commodities represented in the raw material gave his big break, these surplus assets were represented by gold, silver, bronze, wine, sea shells and on occasion by quartz, which initially acted as a money, the creation of such things as money contributed significantly to the peasants and the poorer classes who often stopped eating food in exchange for tools, but also contributed directly to the holders of these tools got more resources money, this influence centuries after the social differentiation by means of money.

An important icon of the money was given in ancient Greece where the currency units (coins) began to be decorated with the local emblem of the era in which it was, and from here the emergence of money as we know it today. In the eleventh century the emergence of the ticket by Kubali Khan a Mughal emperor, was given as the meaning of having a certain amount of gold deposited in boxes or saved, that began the creation of paper valued not for its establishment in gold or silver, but for their numismatic significance. Average age for the use of money not only focused on the purchase and sale of goods, but also as an important social icon, because people who had as much cash resources were able to obtain various resources not only commercial but also special services. Given this we can deduce that from that time creating the kinds of services providers was at its best. For now the money is a fundamental part of all civilizations, and thanks to him, the possibility of obtaining resources (loans or financing) to the extent of various objectives is one of its major applications, not to mention that thanks to its creation economic movements can not only focus on a local level but also globally, because the expansion of the money in all societies of the world is just that.



March 6th